Currency Capabilities

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You may manage up to 6 currencies with your Xendit account. Your country of incorporation determines the operational capabilities of your currency balances.

The table below sets out the default permissions per currency. Select the tab that represents your country of incorporation to see what actions you’re able to perform with the currency balance. For example:

  • If you are incorporated in Indonesia, select the “Indonesia” tab.

  • If you do not see your country of incorporation in any of the tabs, select the “Other” tab.

Several actions are not enabled by default because they require additional documentation or approvals. If a particular action you’d like to perform with your currency balance is not enabled by default, contact help@xendit.co for assistance.

More information about the columns and values

Table column

Description

Receive

Receive funds from end users in that currency

Top up

Add funds to your balance in that currency

Convert from

Use that currency balance as a conversion source

Convert into

Convert into that currency balance

Local payout from

Use that currency balance as a source for payouts to third parties within that currency’s domestic market

Xborder payout from

Use that currency balance as a source for payouts to third parties outside of that currency’s domestic market

Local withdrawal from

Use that currency balance as a source for withdrawal settlements within that currency’s domestic market

Xborder withdrawals from

Use that currency balance as a source for withdrawal settlements outside of that currency’s domestic market

Opening a currency balance

Depending on your permissions, opening a currency balance allows you to:

  1. Automatically settle payments received into that balance

  2. Make a settlement withdrawal

  3. Top up to the balance for conversions and payouts

  4. Convert to/from other currencies

  5. Initiate a payout

To add a new currency:

  1. Go to the Balances page on your Xendit dashboard

  2. Click + Open New Balance

  3. Select the currency you’d like to manage

  4. Finish by clicking Open New Balance